Representative image While the Reserve Bank of India’s lower interest rate regime is intended at supporting growth for industry facing a liquidity crisis, banks are still not fully transmitting the benefits of the rates to exporters and end-customers at large, exporters say. On April 7, the RBI’s Monetary Policy Committee voted to maintain the repo rate at 4 percent and reverse repo rate at 3.35 percent. The RBI has now kept the key interest rate (repo) unchanged for the fifth consecutive meeting. The last time the repo rate was changed was in May 2020, when it was cut from 4.40 per cent to 4 per cent. The Repo Rate is the rate at which commercial banks borrow short-term money from the RBI. The government has kept the repo rate low with the understanding that as a result of the lower cost of securing funds, banks will provide cheaper loans to citizens. Under the Reverse Repo Rate, banks deposit excess funds with the RBI and earn interest for it. However, arguing that the … [Read more...] about RBI repo announcement: Exporters say banks not passing on benefits of low interest rate to businesses
Vaccines benefits and risks
What precautions should families take as children return to school? Our medical analyst explains
(CNN) Many children are returning to schools while coronavirus case numbers are high in most of the United States. Parents and caregivers have a lot of questions about what precautions they should take for their children. Do their kids need to wear masks again? How often should they test their kids? Do they need to hold back on any extracurriculars? What happens if their kids contract Covid-19 — how long should they stay out of school? And should families get their children vaccinated if they haven't already? To guide us through this back-to-school refresher, I spoke with CNN Medical Analyst Dr. Leana Wen, an emergency physician and professor of health policy and management at the George Washington University Milken Institute School of Public Health. She is also author of " Lifelines: A Doctor's Journey in the Fight for Public Health " and the mother of two young children who will both be returning back to school soon. Most US public schools plan to keep masks … [Read more...] about What precautions should families take as children return to school? Our medical analyst explains
From AIDS To Covid To Monkeypox: Experts Agree Inequalities Drive Public Health Crises
Share to Twitter Share to Linkedin Infectious disease expert Dave Wessner reports from the 24 th International AIDS Conference, where the big picture focused on how everyone should have access to scientific advancements that improve public health. As leading members of the HIV/AIDS field from throughout the world met in Montreal for the 24 th International AIDS Conference over the past week, discussions of other infectious diseases, including Covid-19 and monkeypox, constantly bubbled near the surface. While these diseases differ in many ways — different viruses, different modes of transmission, different clinical outcomes — a commonality does exist. Human rights issues and basic inequalities drive all three of these ongoing public health emergencies, according to many experts at this meeting. The inequalities associated with HIV/AIDS have been recognized since the beginning of this global epidemic. Throughout the 40-year history of this crisis, … [Read more...] about From AIDS To Covid To Monkeypox: Experts Agree Inequalities Drive Public Health Crises